The cost of LED tubes will also continue to decline
According to news reports, after the merger of LED epitaxy/chip giant Epistar and Canyuan, the total number of Epistar MOCVD machines will increase from more than 380 to 480-490. The company expects that by the end of the first quarter of next year, due to the rebound in seasonal demand and the start of stocking of TV sets in the new year, it is expected to restart performance. China is the second largest market for LED lighting, accounting for 21%, second only to Europe. The production bases of LED lighting manufacturers are mostly located in China, where there is a complete LED supply chain and price advantage. Looking forward to next year, China's lighting market will continue to develop due to stable lighting demand. However, the market is extremely competitive and product quality differences are small. Price competition is more likely to cause price wars. If the industry does not have proper distribution channels, they may be forced to qiut the market.
It indicates that the price of LED lamp beads will further decrease, and the cost of LED lamp tubes will also decrease accordingly.
It is estimated that the number of metal organic chemical vapor deposition (MOCVD) machines of Chinese LED industry will exceed that of South Korea this year. Due to China's massive increase in production and similar product quality, a price war is highly likely to break out next year.
